With the first homes selling in 2023, Heritage is one of Dripping Springs’ newest communities. Built by M/I Homes and Tri Pointe Homes, two builders who are fairly new to the Dripping Springs area, Heritage brings more affordability to one of Austin’s more expensive suburbs. With some smaller lot sizes and homes that are typical of new homes in Dripping Springs, buyers are able to get into this neighborhood for less than virtually all other new communities nearby. Though more affordable, homes are still finished out with some nice touches that go above and beyond what we usually see like blinds, cabinet hardware, keyless garage door entry, high ceilings and Ring Doorbells. Floor plans range from 1,400-3,318 square feet and include 2-4 bedrooms and 2-4 bathrooms. Most plans offer a two car garage. Amenities will include an amenity center, resort style pool, splash pad, playscape, pocket parks and trails. If you’re looking for an affordable, newer neighborhood with amenities in Dripping Springs, Heritage is a great place to start your search. Scroll down to read our Heritage Neighborhood Guide.
Heritage Homes for Sale
SEARCH ALL HERITAGE HOMES FOR SALENo Email Required! Where Is the Heritage Community Pool?
Heritage has a community pool at its amenity center, located off Roger Hanks Parkway near Ranch Road 12.
- Heritage Amenity Center: Roger Hanks Pkwy near Ranch Road 12, Dripping Springs, TX 78620
Heritage Neighborhood Map
Heritage is shaded in blue on the map below. Explore other Dripping Springs neighborhoods in our Dripping Springs Neighborhood Guide. Scroll down to continue reading our Heritage neighborhood guide.
Heritage Schools
Homes in Dripping Spring’s Heritage neighborhood are zoned to the Dripping Springs ISD, and students will likely attend the following schools:
- Dripping Springs Elementary - 9/10
- Dripping Springs Middle - 8/10
- Dripping Springs High - 7/10
School ratings reflect Great Schools ratings as of October 2026. Ratings are subject to change at any time. Please verify ratings and boundaries with the school district.
Heritage Amenities
Heritage Property Tax Rate
The property tax rate in Dripping Springs’ Heritage neighborhood is 1.862% as of the 2025 tax year, up from 1.7435% as of the 2024 tax year. It was 1.6818% as of the 2023 tax year, down from 1.88% as of the 2022 tax year.
Heritage Public Improvement District (PID)
Heritage is located within the Heritage Public Improvement District, established by the City of Dripping Springs under Subchapter A, Chapter 372 of the Texas Local Government Code. Buyers should be aware that this PID assessment is a separate financial obligation in addition to your annual property taxes — it is not included in the standard Hays County property tax rate.
The PID was created to fund public improvements and services within the neighborhood. When you purchase a home in Heritage, an assessment is levied against your property. Depending on your lot type, the principal assessment can be $41,000+, which is then paid over time as an annual installment.
Key things to know about the Heritage PID:
- Annual installments are due January 31 each year and typically run approximately $3,300–$3,360/year depending on your lot type
- The assessment schedule runs through 2055
- The assessment may be paid in full at any time
- Annual installment amounts can vary slightly year to year based on interest, collection costs, and administrative fees
- Failure to pay the assessment may result in penalties, interest, and a lien on your property
- The City of Dripping Springs approves the annual installment amounts each year through its annual service plan update
For the exact assessment amount for a specific property and lot type, contact the City of Dripping Springs directly. Your real estate agent and title company will also disclose the specific assessment during the transaction process.
Ask your agent for the specific PID disclosure for the home you’re considering.
Heritage HOA Dues
| Heritage Master Community, Inc. | $600 / annually |
Dues shown as reported and deemed reliable but not guaranteed. HOA fees, special assessments, and terms can change at any time. Buyers should confirm current dues directly with the HOA or management company before making an offer.
Heritage Photos
Heritage Sold Data – What Heritage Homes Actually Sold For
What sold recently in Heritage and for how much? Understanding actual closed sales — not just list prices — is the clearest way to gauge what’s happening in the local market right now.
For a deeper look at pricing trends across the area, check out our Heritage Sold Data Report.
Heritage Market Stats — 12 Months (10/1/2025 – 9/30/2026)
| Homes Sold | 94 |
| Bed / Bath Range | 3–5 beds, 2–5 baths |
| Median Sale Price | $449,990 |
| Price Range | $335,000 – $639,000 |
| Median Price Per Sq Ft | $205 |
| Median Home Size | 2,195 sq ft |
| Median Days on Market | 76 days |
| Sale-to-List Ratio | 97% |
Data sourced from Unlock MLS. 12 months ending September 2026. Statistics deemed reliable but not guaranteed.
Heritage Home Price History
Curious how home prices in Heritage have trended? Here’s a five-year look at closed sales from 2022 through 2026 YTD.
| Year | Homes Sold | Median Sale Price | YoY | Price Range | Median $/SqFt | Median Home Size | Median Beds/Baths | Median DOM | Sale-to-List |
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0 | — | — | — | — | — | — | — | — |
| 2023 | 21 | $489,990 | — | $424,990–$583,844 | $210 | 2,378 sq ft | 4bd/3ba | 40 days | 100% |
| 2024 | 37 | $469,934 | ▼ 4.1% | $379,890–$599,990 | $231 | 2,047 sq ft | 4bd/3ba | 40 days | 98% |
| 2025 | 62 | $450,000 | ▼ 4.2% | $359,990–$699,990 | $205 | 2,318 sq ft | 4bd/3ba | 38 days | 97% |
| 2026 YTD | 83 | $448,861 | ▼ 0.3% | $335,000–$639,000 | $209 | 2,182 sq ft | 4bd/3ba | 82 days | 98% |
Data sourced from Unlock MLS (ACTRIS). 2026 figures reflect year-to-date sales through 10/13/2026. Year-over-year change is calculated against the most recent prior year with recorded sales. Statistics deemed reliable but not guaranteed.
Yes. Heritage has a community pool at its amenity center, located off Roger Hanks Parkway near Ranch Road 12.
Heritage Days on Market Trend
How fast are Heritage homes selling? Here’s a five-year look at how long homes sat on the market before going under contract, from 2022 through 2026 YTD.
| Year | Homes Sold | Median Days on Market | Avg Days on Market |
|---|---|---|---|
| 2022 | 0 | No sales | No sales |
| 2023 | 21 | 40 days | 46 days |
| 2024 | 37 | 40 days | 40 days |
| 2025 | 62 | 38 days | 50 days |
| 2026 YTD | 83 | 82 days | 94 days |
Data sourced from Unlock MLS. 2026 figures reflect year-to-date sales through 10/13/2026. Statistics deemed reliable but not guaranteed.
Dripping Springs Realtor Specializing in Heritage
Rebecca Jacks and Raymond Stoklosa are Dripping Springs Realtors specializing in Heritage homes. Whether you’re looking to buy or sell a home in Heritage, Rebecca and Raymond know the area well and have the experience and tools necessary to make your next real estate transaction stress free. For more info about who we are and how we work, check out Buying a Home in Heritage and Selling a Home in Dripping Springs.
